Stock ownership · SEC 13F · Q4 2025

VANGUARD CALIF TAX FREE FDS

Institutional ownership of VANGUARD CALIF TAX FREE FDS (CUSIP 922021605) - who holds it, how concentrated it is, and what moved last quarter.

$4.5M
Reported value
1
Institutions
100%
Top-5 share

The verdict

1 institutions report $4.5M of VANGUARD CALIF TAX FREE FDS positions as of Q4 2025, with ownership heavily concentrated in a handful of holders.

1
institutions hold it
$4.5M
reported 13F value
100%
held by top 5

Based on long positions reported to the SEC as of Q4 2025; 13F omits shorts, options and non-US holdings.

How 13F ownership is computed · All tracked stocks · Concentration rankings

SEC Form 13F-HR ownership desk

CUSIP 922021605 · Q4 2025 $5M reported

VALUE-TRACE · HOLDERS-FOCUS · CONC-DOM · PHOTO-UNK · ACTIVITY-QUIET · BOOK-MID

  • VALUE-TRACE $4.5M
  • HOLDERS-FOCUS 1 filers
  • CONC-DOM 100% top-5
  • PHOTO-UNK No peer
  • ACTIVITY-QUIET 0 new
  • BOOK-MID 4Q history

Read with: Ownership concentration guide - VANGUARD CALIF TAX FREE FDS's top-five holders account for 100% of reported value — read concentration before treating any single filer as a signal.

Institutional ownership over time

The number of institutions reporting a VANGUARD CALIF TAX FREE FDS position has held steady from 1 to 1 over the last 4 quarters of 13F filings.

0.511.522.5 Q1'25Q2'25Q3'25Q4'25 1
Distinct 13F filers holding VANGUARD CALIF TAX FREE FDS, by quarter

Top Institutional Holders

# Institution Shares Value Share of reported
1 Bell Investment Advisors, Inc 45,172 $4.5M 100.0%

Investment Discretion

SEC Form 13F requires each institutional filer to report whether it exercises sole or shared discretion over a position. Among VANGUARD CALIF TAX FREE FDS's reported holders for Q4 2025, by reported value:

Sole discretion (SOLE)
100.0%

Latest Quarter Activity · Q4 2025

Complete exits (1)

JPMORGAN CHASE & CO (JPM, AMJB, VYLD, JPM-PC, JPM-PD, JPM-PJ, JPM-PK, JPM-PL, JPM-PM) exited

Frequently Asked Questions

How many institutions hold VANGUARD CALIF TAX FREE FDS?▼
VANGUARD CALIF TAX FREE FDS is held by 1 institutional investors per the latest SEC Form 13F filings as of Q4 2025.
What is the total institutional value of VANGUARD CALIF TAX FREE FDS?▼
Institutions report $4.5M of VANGUARD CALIF TAX FREE FDS as of Q4 2025.
How concentrated is ownership of VANGUARD CALIF TAX FREE FDS?▼
The top five institutional holders account for 100% of the reported institutional value in VANGUARD CALIF TAX FREE FDS, making ownership heavily concentrated in a handful of holders.
Who is the largest institutional holder of VANGUARD CALIF TAX FREE FDS?▼
Bell Investment Advisors, Inc is the largest reported holder of VANGUARD CALIF TAX FREE FDS with $4.5M across 45,172 shares as of Q4 2025.

Source: U.S. Securities and Exchange Commission (SEC) - EDGAR Form 13F-HR institutional holdings filings · Q4 2025 13F-HR discloses long US-listed equity positions of managers with $100M+ qualifying assets, filed within 45 days of period end. Short positions and most derivatives are not disclosed.

PlainFundData is rendered directly from SEC EDGAR Form 13F-HR institutional holdings filings, no number is typed in by an editor. Holder lists, concentration, and reported value on this page are aggregated live from those 13F-HR extracts. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-16.